Commercial

CHC Picks Up More Oil & Gas Work in North Sea

By Brian Garrett-Glaser | May 3, 2019
Send Feedback | @bgarrettglaser

CHC Group has been awarded a contract to support Capricorn Norge AS, a wholly-owned subsidiary of Cairn Energy PLC, with helicopter services for its forthcoming drilling projects in the Norwegian Sea.

CHC will operate up to four flights per week using a Sikorsky S-92A, departing from CHC’s base in Brønnøysund.

“We are excited to support Capricorn’s first drilling operation on the Norwegian Continental Shelf,” said Helge Nesvåg, CHC’s sales director for Europe, Middle East and Africa (EMEA).

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“We are always looking for opportunities to work with new customers across our global operation and are honoured that Capricorn Norge AS selected us as the right partner to help them enter a new location,” added Karl Fessenden, president and CEO of CHC Helicopter. “Our experience in Norway along with our strong global standards and proven services will help us make sure they have a safe and reliable aviation partner throughout their project.”

CHC Helicopter filed for Chapter 11 bankruptcy protection with U.S. courts in May 2016 — just months after an initial public offering on the New York Stock Exchange — at a time when many oil & gas operators were feeling the impact of low oil prices. Rebranded at CHC Group, the company emerged a year later with 80 fewer helicopters, $1 billion less debt and $300 million in investment from existing creditors.

In December, CHC won a contract with OMV in support of the company’s drilling operations in the Norwegian sea.

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